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A Minimum Volume (MV) order sets the minimum acceptable order quantity to be met or the entire order cancels.
Example:You want to trade 100 lots with a minimum volume of 25 lots. If at least 25 lots cannot be executed, the entire order is canceled.
To place a Minimum Volume order...
- From the Market Grid, click the contract you wish to trade.
In the Modifiers section, change the modifier to Minimum Volume.
The Min. Volume field appears.
Type the minimum volume.
Note: You cannot send an order with a minimum volume greater than the order quantity.
- Click Buy or Sell once you have entered the desired order parameters to submit the order.